Cooperation between the European Bank for Development and Reconstruction and Sanoat Qurilish Bank (SQB)

Abstract

This article explores the cooperation between the European Bank for Reconstruction and Development (EBRD) and Sanoat Qurilish Bank (SQB) in Uzbekistan. The study aims to analyze the impact of EBRD's financial support on SQB's lending activities and the development of small and medium enterprises (SMEs) in Uzbekistan. The article employs econometric analysis and graphical representations to illustrate the findings. The results demonstrate that EBRD's funding has significantly contributed to SQB's ability to provide loans to SMEs, particularly in underserved regions, promoting financial inclusion and economic growth. The discussion highlights the importance of international financial institutions in supporting banking sector reforms and private sector development in Uzbekistan. The article concludes by emphasizing the need for continued cooperation between EBRD and SQB to foster sustainable economic development in Uzbekistan.